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NeeteshJain
2. Nov. 2016 05:50

Mcleod Short Setup (Symmetrical Triangle Breakout) Short

BSE:MCLEODRUSS1D
MCLEOD RUSSEL INDIA LTD.BSE

Beschreibung

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It is been observed that the price action firstly broke from a symmetrical triangle on daily chart, indicated bearishness in the price action. Now, the price action breaking new support levels and forming lower lows, again indicating further bearishness ahead.

Target: 160
Stoploss: 175

Trade ist aktiv

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Trade geschlossen: Ziel wurde erreicht

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Target reached successfully. Regards
breakoutSymmetrical Trianglemcleod
Kommentare
SunilDhawan
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I think 144 is where this fall should stop. what say
NeeteshJain
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It may achieve that target too once it breaks and closes below 160 levels. Regards
tikkuk
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Can u explain the symmetrical triangle strategy??
NeeteshJain
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I shall be covering it in the next educational post, which I shall be posting on this coming weekend. Regards
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